South Florida Boasts Robust Rental Demand and Climbing Occupancy Rates
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Rising rental occupancy lifts in-place rents by 2% in the Miami market area and 2.3% in the Port St. Lucie market area. However, completions coming into the market are putting a downward pressure on rent growth and on landlords offering concessions, with 10% of […]
Miami-Dade Older Condominiums Continue Selling Faster than Newer Units; Affordable Condo Sales Surge
MIAMI — Miami-Dade County older condominiums continue selling faster than newer units showing that demand for well-priced, older condos remains strong in a market posting surging affordable condo transactions, total sales and single-family transactions, according to November 2025 statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service […]
MIAMI REALTORS® Sharing Reciprocal MLS Access with 510,000+ Realtors Globally; MIAMI Launches First IntraMatrix Partnership in Canada
MIAMI — The MIAMI Association of REALTORS® (MIAMI) and Information Technology Systems Ontario (ITSO) in Canada today announced a groundbreaking data share partnership between their respective Multiple Listing Services. This is MIAMI’s 11th partnership using Cotality’s IntraMatrix platform and first in Canada, a market with strong synergy with South Florida. MIAMI and ITSO Realtors can […]
Commercial Real Estate Metro Market Dashboard – Q3 2025
To help REALTORS® and other housing market analysts maximize the value of available data, NAR Research has created the Commercial Real Estate Metro Market Dashboard, which provides insights into the fundamentals and direction of commercial real estate trends in the nation’s largest metropolitan areas. Please note: The Tableau data visualization embeds on this page […]
Lower Mortgage Rates and Rising Out-of-State Migration to Spark South Florida Home Sales
By MIAMI REALTORS Chief Economist Gay Cororaton Key Takeaways A continuing decline in mortgage rates to 5.8% by the end of 2026 and 5.7% by the end of 2027, robust wage growth, and an uptick in migration will underpin the recovery of home sales in 2026 and 2027. Southeast Florida’s single-family home sales […]
MIAMI REALTORS® Launching Homestead Letters; 10th Set of Letters to Benefit South Florida
MIAMI — The MIAMI Association of REALTORS® (MIAMI), in collaboration with the National Association of REALTORS® (NAR) and the City of Homestead, proudly announces the unveiling of the Homestead Letters, scheduled for 10:30 a.m. Friday, Dec. 12 at Homestead City Hall. This is the 10th set of letters MIAMI has built in the last three […]
Washington Leads Top States with Highest Annual Salary Moving to Miami
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Out-of-state job movers typically earn more in the destination job in the Miami Metro Area than in-state job switchers, led by job movers from Washington ($190,656), and California ($186,004) in 2024 Q2 (latest data). Health care, professional/technical, and finance jobs are increasingly accounting for a […]
New York Counties Continue to Lead Migration Into Southeast Florida
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways New York counties (New York County, Nassau County, Suffolk County) and Los Angeles were the top out-of-state origins of movers to Southeast Florida in 2025 Q2. A widening tax differential between Florida and New York could further bolster the migration of New Yorkers, particularly in […]
Miami-Dade Posts Second Consecutive Banner Home Sales Month
MIAMI — Miami-Dade County real estate posted its second consecutive robust month in October 2025 as total homes, single-family and condo sales all rose year-over-year, according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Miami total home sales (+7%), single-family transactions (+7%), condo […]
New Estate Only (NEO) wins the NAR NXT Pitch Battle 2025
The post New Estate Only (NEO) wins the NAR NXT Pitch Battle 2025 appeared first on MIAMI REALTORS®.